Good Evening and I hope you are well. sp500 e-mini futures comment: Two legs down from the open to then 3ish legs up to close right under the open price. Market is staying up here which is maximum bullish going into Friday. My target remains 5600 and there is absolutely no reason what so ever, that we can’t print another 100 points up tomorrow. Anything below...
Good Evening and I hope you are well. overall market comment What a time to be alive. Bulls got another huge breakout to the upside which opens new targets above. There is a reasonable chance that this bubble continues much further than anyone could ever dream of, just like all the Nvidia employee’s who sold their stock < 100. Couple more days and half of the...
Hi guys, In this chart i Found a Supply Zone in NASDAQ E-mini Futures CHART for short entry, Observed these Levels based on price action and Demand & Supply. *Don't Take any trades based on this Picture. ... because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank you
Good Evening and I hope you are well. overall market comment Dax continues with daily new lows in a two-sided market. Nasdaq made another ath 48 points higher and broke above it’s wedge. Mixed markets going into tomorrows CPI and FOMC releases. I expect nothing less of a firework to either direction. For sp500 and nasdaq I expect a complete blow-off top if CPI...
Good Evening and I hope you are well. sp500 e-mini futures Quote from last week: bear case: Bears are still inside the bull flag and making lower lows. As long as they are staying below 5310-5320, their bear case lives on but is weak at best. They could not get consecutive daily closes below the daily ema and the reversal on Friday made the daily, weekly...
Good Evening and I hope you are well. sp500 e-mini futures comment: Very similar to nasdaq so if you are a regular reader, I won’t bore you with a long talk about trading ranges. Bears showed some strength from bar 36 - 53 but bulls are still in BTFD mode and as long as that is profitable, this is what they will continue to do. Bulls are in full control and...
S&P has been moving upwards this week and made a New ATH yesterday. Any test of yesterday's Close could provide some direction for today. Level to watch: 5364 --- 5362
After a mixed session yesterday, market is selling off during ETH session. Any test of ETH session Low could provide direction for the day. Level to watch: 5283 ---5281
Yesterday market hitting another ATH got everybody excited. However traders should be cautious. Any test of ETH session High could provide direction for the day. Level to watch: 5331 --- 5329
Is this rally coming to an end. Yesterday afternoon market sold off which continued to ETH session. Any test of ETH session Low could provide direction for the day. Level to watch: 5195 --- 5193 EIA Petroleum Status Report 10:30 AM EST
Yesterday market had a positive day after closing six consecutive down sessions. If traders can keep above yesterday's Close, we could see a positive session as well today. Level to watch: 5066 --- 5064 Reports to watch: PMI Composite Flash 9:45 AM EST New Home Sales 10:00 AM EST
S&P has been down four straight days. Also, yesterday S&P closed a gap from February which coincides with a support level. Level to watch: 5074 ---5072 Reports to watch: Existing Home Sales 10:00 am EST EIA Natural Gas Report 10:30 am EST
S&P has been trading in a range since April 4th sell off. Neither buyers or sellers have any conviction in trading. Level to watch: 5217.00 ----5215.00 Report to watch: EIA Natural Gas Report 10:30 am EST
After yesterday's sell off market is trying to rally during ETH session. If traders can stay above yesterday's Close, we might get a bounce today. Level to watch: 5252.00 --- 5250.00 Reports to watch: US: EIA Petroleum Status Report 10:30 AM ET US: Jerome Powell Speaks 12:10 PM ET
potential geometric progression for $spx since 2009 rally with flat 2018/2020 as mid point
Four straight down days and S&P 500 closing at its Low yesterday does not bode well for the Bulls. If today closes at its Low again then we could get a pullback. Level to watch: 5290 --- 5292
This month market has been trading in a range. Any test of yesterday's High could provide direction for the day. Level to watch: 5245 --- 5243 Report to watch: EIA Petroleum Status Report 10:30 AM EST FOMC Announcement 2:00 PM EST Fed Chair Press Conference 2:30 PM EST
Market has been trading in a range for last several days with increased volatility. Could today be any different, probably not. Any test of yesterday's High could provide direction for the day. Level to watch: 5132 --- 5134 Reports to watch: US: Jerome Powell Speaks 10:00 AM ET US:EIA Natural Gas Report 10:30 AM ET